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Nordic real estate markets are on the rise

Economics, sustainability and demographics are playing their part in the recovery, while defence-related requirements are increasing.
Defence related requirements are increasing. An aerial image of the Kastellet fortress in Copenhagen. (Getty Images(
Defence related requirements are increasing. An aerial image of the Kastellet fortress in Copenhagen. (Getty Images(
By Thanushree Naicker
March 18, 2026 | 7:00 AM

A Deutsche Hypo report makes the case that Nordic real estate, led by Sweden, has recovered after the interest-rate downturn, underpinned by good economics, robust sustainability and favourable demographic trends.

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